Carlyle Acquires Majority Stake in Waste Services Group from Livingbridge

December 9, 2024

Global investment firm Carlyle has agreed to acquire a majority stake in Australian waste management company Waste Services Group (WSG) from Livingbridge, which will retain a significant minority and reinvest. WSG operates in the commercial and industrial waste and liquid waste segments, serving over 10,000 customers and employing over 600 people; Carlyle plans to support geographic expansion and broaden WSG’s service offering across Australia.

Buyers
Carlyle
Targets
Waste Services Group
Sellers
Livingbridge
Location
Victoria, Australia
Transaction Type
Buyout

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